FOR SALE
Offer Pending - Still Inviting Further Interest

6 Milford Street
Ipswich QLD 4305

Bedrooms: 30
Bathrooms: 7
Car spaces: 3
Land area: 1120m2
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HIGH INCOME EARNING INVESTMENT - $296,000 p/a Gross - MINUTES TO EVERYTHING

Inner city Income-earning investment, High occupancy rates, and only stone's throw to the Ipswich CBD.
A fully licensed boarding house and rooming accommodation complex offering a steady annual income of approximately $296,000 p/a from its 35-room facility all within minutes to the Ipswich CBD, Train stations and Shopping centers.
This complex offers residents a commercial grade Kitchen, Laundry facilities, toilets, bathrooms, and multiple common areas. While each room has free Internet, its own Fridge, Bed, & other furnishings with the current going rates at $165 per week.
Features
- Licensed 35-room boarding house in the heart of Ipswich CBD
- 2-storey dwelling with side access
- High ceilings, tiled floors, and fresh interiors in most rooms
- Large rooms with bed and storage, fridges, and other furnishings
- 7 common bathrooms, 9 toilets, commercial sized kitchen, and onsite parking.
- Shared laundry - with coin operated washing machines
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Property Details for 6 Milford St, Ipswich

6 Milford St, Ipswich is a 30 bedroom, 7 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 1120m2. The place is currently for sale with Ray White Holland Park.

Building Type
BlockOfUnits
Land Size
1120m2

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About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 34.1% of total area. The population of Ipswich in 2011 was 2,536 people. By 2016 the population was 2,445 showing a population decline of 3.6% in the area during that time. The predominant age group in Ipswich is 40-49 years. Households in Ipswich are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ipswich work in a professional occupation. In 2011, 40.6% of the homes in Ipswich were owner-occupied compared with 41.3% in 2016.

Ipswich has 1,752 properties.

    There are currently 20 properties listed for sale, and 24 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Ipswich.

    Suburb Insights for Ipswich 4305

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    Contact agent
    Steve Landeta
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    Piers Crawford
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    Ray White Holland Park
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.